MA
Bristol
New Bedford
02740
110 Eighth St
110 Eighth St, New Bedford, MA 02740
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Listing Type
Multi Family
Listing Status
Active
10
$1,495,000

Home Details for 110 Eighth St

Price
$1,495,000
Type
Residential Income
Bedrooms
8
Bathrooms
8.0
Square feet
4655
Year built
1850
Lot size acres
0.11
County
Bristol
Total rooms
18
Garage
Basement
Full
Days on site
32
MLS Listing#
73469954
Property Description

Newly rebuilt 8-unit multifamily located in downtown New Bedford. Projected post-CO gross yield of approximately 10.6% based on projected monthly rent of approximately $13,300. Well suited for investors seeking a near-new construction asset with a clear path to stabilization.The property consists of 8 units, including 6 one-bedroom units and 2 studios. The building has undergone a full gut renovation with all-electric, high-efficiency systems throughout. Certificate of Occupancy is targeted for March, with lease-up expected shortly thereafter. Strong rental demand in the area.Renovations include new mechanical, electrical, plumbing, insulation, windows, and modern interior finishes. Designed for efficient long-term operation with minimal deferred maintenance.Well positioned for stabilization and long-term income in a growing downtown market.

Property Features
  • House Interior
    • Open Floorplan
    • Other
  • Parking
    • Off Street
    • Paved
  • Waterfront and Water Access
    • Ocean Front
  • Cooling Information
    • Heat Pump
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: The Greene Realty Group - 860-560-1006
Presented by: Derek Greene
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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